Elk City, OK vs Lone Grove, OK

Elk City, OK and Lone Grove, OK have a very similar cost of living, with only a 3.5% difference in their overall index. Elk City scores 71 while Lone Grove scores 73 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Elk City is $850/month compared to $884/month in Lone Grove — a 4% difference. Home values follow the same pattern: Elk City is more affordable at $165,300 median vs $184,400.

Median household income in Elk City is $49,500 compared to $71,787 in Lone Grove (-31%). While Lone Grove is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elk City spend roughly 20.6% of their income on rent, more than the 14.8% in Lone Grove.